Palatine Real Estate
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Palatine Market Data - Single Family Homes: Average Days on Market and Inventory Levels - Last 2 Years
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Palatine Homes For Sale
The village of Palatine is home approximately 67,000 residents in a bedroom style community in the northwest suburbs of Chicago. Located about 30 miles from downtown Chicago and 15 miles to O'Hare International Airport, the village of Palatine has a mix of open space, parks, leisure facilities, residential real estate as well as commercial properties and light industry, not to mention the large retail facilities with big box stores and quaint boutique shops with local roots spanning several generations.
Palatine real estate options consist of single-family residences, townhouses, condos and limited land for custom building, with a select number of luxury homes. Prices start well under $100,000 for condos, town homes fall in the range $100,000 to $400,000 and single family homes start around $200,000 and reach up to $1 Million. The choice of sizes and styles is diverse, you'll find everything from Colonial and Contemporary, low rise and high rise condos, small and large town house complexes, split level homes, luxury homes, even larger homes on 1 acre lots. New construction is more limited due to Palatine's real estate having been established for many years.
Palatine Real Estate Market
Palatine real estate is divided into many subdivisions, there are also many condominium options with several newly built condo blocks with options including penthouses. Buyers looking at Palatine can consider down town condos within walking distance to shops, restaurants and the Metra station, this area is a very walkable location. The new condomiumium options include larger units, garages and nicely upgraded units. First time buyers might consider some of the older condos as a great way to start property ownership at a reasonable price.
Palatine is home to many town home subdivisions, even luxury French Style Executive style town houses close to Inverness with up to 3000 square feet are available. Single family homes make up a good chunk of Palatine real estate and some of the more established neighborhoods are quite large. Consider homes in Reseda, Pepper Tree Farms, Winston Park, Palatine Knolls, Palatine Park. More neighborhood information wil be added below, or you can start your Palatine real estate search.
Palatine is home to luxury properties at Lakeside Estates, Windhill, Park Avenue Estates, Dunhaven Woods. You'll also find new construction homes built in the center of town, in place of older small homes which were torn down. No doubt this regeration will continue as down town homes are always sought after, especially new ones. Find all of those using our quick price links on the right in homes over $600,000.
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Corinne Guest | Managing Broker | Royal Advocate Realty | Barrington, IL, 60010